A significant proportion of Credit Suisse shareholders have voted against the re-election of its chairman Urs Rohner, following criticism of his handling of a spying scandal which rocked the bank.

Mr Rohner was re-elected at Credit Suisse’s Annual General Meeting (AGM) this morning, with approximately 78 percent of the represented votes in favour, the lowest level of support during his 11-year tenure. Twenty-two percent voted against and just under 1 percent abstained.

Shareholders also showed signs of dissent at executive pay, with 17 percent of the represented vote going ag...